New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole”
U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution …
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
After Oasis complied with a UK high court order and upgraded a DeFi contract, Jump recovers ~120,000 ether, worth $140M, stolen during the 2022 Wormhole exploit
There have recently been two high-profile cases … CoinDesk : Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack Born Bored/CK News and Updates News Lett...
The recovery of ~120K stolen ether by Jump and Oasis demonstrates the centralization of DeFi enabled by multisig-controlled upgradable smart contracts
Wormhole, Jump Crypto, and Oasis demonstrate the centralization threat introduced by multisig-controlled upgradable smart contracts.
Jump Crypto recovers ~120,000 ether, worth $140M, stolen during the 2022 Wormhole exploit after Oasis upgraded a DeFi contract following a UK high court order
The Chicago trading firm appears to have recovered the 120,000 ether stolen during the 2022 Wormhole exploit.
Luke Dashjr, an original core developer of Bitcoin, claims someone stole “basically all” his BTC by compromising his PGP key; a wallet shows ~217 BTC were moved
Stephen Katte / Cointelegraph :
Luke Dashjr, one of the original core BTC developers, says someone stole “basically all” his BTC by compromising his PGP key; a wallet shows ~217 BTC were moved
A Bitcoin OG and core developer Luke Dashjr claims his PGP key was compromised, resulting in virtually all his Bitcoin being stolen from him on Dec. 31.
In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now
Crypto is the cat with nine lives, but some wonder if FTX might be the last one. CNBC : FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing Panda Se...
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy
The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process
A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping …